Common use of Incorporation and Authorization Clause in Contracts

Incorporation and Authorization. The Agent is duly formed and validly existing in good standing as a corporation under the laws of the State of its incorporation. The execution and delivery by the Agent of this Agreement have been duly authorized by all necessary action, and this Agreement is the valid, binding and legally enforceable obligation of the Agent.

Appears in 3 contracts

Samples: Placement Agency Agreement (Us Dataworks Inc), Placement Agency Agreement (Digital Angel Corp), Placement Agency Agreement (Coffee Pacifica Inc)

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Incorporation and Authorization. The Agent is duly formed and validly existing in good standing as a corporation under the laws of the State of its incorporation. The execution and delivery by the Agent of this Agreement have been duly authorized by all necessary action, and this Agreement is the valid, binding and legally enforceable obligation of the Agent., except as enforcement may be limited by general principles of equity and by bankruptcy and other laws affecting creditors' rights generally

Appears in 2 contracts

Samples: Placement Agency Agreement (Storage Alliance Inc), Placement Agency Agreement (Ingen Technologies, Inc.)

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